Personal Finance
Here’s How Your Credit Score Really Gets Set
A talk with credit expert Liz Weston on “how to improve the three-digit number that shapes your financial future."
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How’s your credit rating?
Balances on mortgage, auto, and student loans in the U.S. all rose in the first quarter, according to a report from the Federal Reserve Bank of New York this week. Credit card balances were an exception, but card delinquencies are trending up, the Fed noted. That's worrisome. Credit scores have a big impact on consumers' daily lives, often in ways they don't realize.